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BAJAJ ALLIANZ LIFE INSURANCE ... - Thomas Cook India

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<strong>BAJAJ</strong> <strong>ALLIANZ</strong> <strong>LIFE</strong> <strong>INSURANCE</strong> COLLABORATES WITH<br />

THOMAS COOK INDIA<br />

� Tie up to offer Life Insurance solutions across over 160 <strong>Thomas</strong> <strong>Cook</strong> offices<br />

Mumbai, 12th June 2008: <strong>Thomas</strong> <strong>Cook</strong>, <strong>India</strong>’s largest integrated travel and travel<br />

related financial services company will now offer life insurance solutions of Bajaj<br />

Allianz Life Insurance, one of the leading private sector life insurance companies in<br />

<strong>India</strong> through its distribution network of over 160 retail branches across the country.<br />

Speaking on this occasion Kamesh Goyal, Country Manager Allianz and CEO Bajaj<br />

Allianz Life Insurance said “Our partnership will help us offer life insurance<br />

solutions through direct contact points at <strong>Thomas</strong> <strong>Cook</strong> retail offices, e-business site<br />

and other locations”.<br />

Madhavan Menon , Managing Director, <strong>Thomas</strong> <strong>Cook</strong> (<strong>India</strong>) Limited added to this<br />

and said, “This partnership will help us to leverage the quality of service we offer to<br />

our customers. Providing life insurance products to our customers across our 160<br />

offices is a step forward in making <strong>Thomas</strong> <strong>Cook</strong> <strong>India</strong> a one-stop-shop for all your<br />

travel needs.”<br />

About Bajaj Allianz Life Insurance:<br />

Bajaj Allianz Life Insurance Company is the leading Private Sector life insurance<br />

Company in <strong>India</strong>. With a pan <strong>India</strong> presence and over 950 + towns, Bajaj Allianz<br />

Life Insurance has already sold over 5 million policies. Bajaj Allianz Life Insurance


has developed insurance solutions that cater to every segment and age-income<br />

profiles. For companies it provides comprehensive 'Employee Benefit Solutions'<br />

(Group Term Life, EDLI, Gratuity, Super-annuation, Key man Insurance and more);<br />

for the individual Invest Gain (a unique life insurance plan where sustenance of<br />

income is combined in the same plan that also pays a lump sum), Cash Gain<br />

(Money Back), Child Gain (Children's plan), Care First, Risk Care (Pure Term),<br />

Lifetime Care (whole life), Term Care (term with return of premium), Saran Visitant<br />

(Retirement Plan), Protector (Mortgage term insurance plan), UnitGain Plus Gold,<br />

New UnitGain Super, New Family Gain, New UnitGain Plus, New UnitGain, New<br />

UnitGain Premier, New UnitGain Easy Pension Plus, New UnitGain Easy Pension<br />

Plus Single premium and Future Secure. Currently Bajaj Allianz has a product<br />

portfolio of over 30 flexible and simple products and more need-based products are<br />

in the pipeline<br />

About <strong>Thomas</strong> <strong>Cook</strong> (<strong>India</strong>) Limited:<br />

<strong>Thomas</strong> <strong>Cook</strong> (<strong>India</strong>) offers a broad spectrum of travel and related services such as<br />

package tours, currency exchange and travel insurance as well as hotel and flight<br />

reservations. <strong>Thomas</strong> <strong>Cook</strong> has been present in <strong>India</strong> for over 125 years and operates<br />

over 160 offices at various locations in the country and has operations in Sri Lanka &<br />

Mauritius. It employs over 2,500 employees and generated Income from Operations<br />

of Rs 2.86 billion and a Net Profit of Rs. 519.2 million for 12 months period (Jan 07 –<br />

Dec 07). In its initiative to be a ‘One Stop Shop’, the Company offers unique travel<br />

products to its customers. During CY07, the Company launched a ‘<strong>Thomas</strong> <strong>Cook</strong><br />

Titanium Credit Card’ and a foreign currency Debit Card. It also came up with<br />

products designed specially for students traveling abroad for higher studies. The


Company was acquired by <strong>Thomas</strong> <strong>Cook</strong> Group PLC from Dubai Financial Group<br />

in March 2008. Additional information on <strong>Thomas</strong> <strong>Cook</strong> (I) Limited is available on<br />

the Company website www.thomascook.in<br />

For more information please contact:<br />

Kruti Sharma<br />

kruti.sharma@in.thomascook.com<br />

+91-22-22048556 / 7 / 8

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